Recently, the “New Journey, New Missions – 2019 Sina Golden Kirin Forum” was grandly held by Sina Finance at the JW Marriott Hotel Beijing. China Oilfield Services Limited (“COSL” or the “Company”) was presented with awards for “Excellent Corporate Governance” and “Outstanding Sustainable Enterprise of the Year” for its outstanding performance. 

Concerning corporate governance, COSL has continuously enhanced its corporate governance system, developed a modern corporate governance structure comprised of general meeting, board of directors, supervisory committee and the management, and formed a professional, standardised and honest team. The Company continuously improves the structure of its environmental system, strengthens environmental protection for its production activities, and implements green development concepts. Always maintaining relatively high technological input ratios, it has created an open and synergistic global R&D model integrating self-development and technological cooperation and achieved breakthroughs in multiple critical technologies, which result in a batch of impactful technological achievements in the industry, thereby forging a path of sustainable development with technological innovation. 

ESG comprises three main elements, namely environmental, social and corporate governance. It is an international major standard of sustainable development. Winning the awards symbolises the Company has achieved extensive, high recognition of its sustainable development achievements from various social sectors.